PANGKALPINANG: Shipments by Indonesia’s biggest tin exporter are likely to fall about 10% this year due to new rules on domestic trading, the head of state-run PT Timah said, though deliveries are expected to begin returning to normal from next month.
The firm, which has a huge mining concession in the tin-producing region of Bangka-Belitung, slashed shipments from Aug 30 after declaring force majeure because of disruption from the rules aimed at establishing a benchmark price in Indonesia.
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